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Genetic Genealogy Market

Genetic Genealogy Market Size, Share & Trends Analysis Report By Test Type (Autosomal DNA Test, Y- chromosome DNA Test, Mitochondrial DNA Test), By Application (Heredity & Genetic Disorders, Paternal/Maternal Lineages, Ancestral Origins, Others), By End User (Direct-to-Consumer Testing Companies, Law Enforcement Agencies, Research Institutes & Academic Organizations, Others), Region And Segment Forecasts, 2023-2031

Report ID : 2059 | Published : 2024-10-24 | Pages: 180 | Format: PDF/EXCEL

Global Genetic Genealogy Market Size is valued at USD 835.85 Mn in 2022 and is predicted to reach USD 1,695.94 Mn by the year 2031 at a 8.3% CAGR during the forecast period for 2023-2031.

Genetic Genealogy Market

Numerous benefits of genetic analysis make it more necessary than ever among the global population. Genetic analysis offers possible medical benefits and assists patients, cancers, and healthcare providers in modifying the therapy and healthcare given to an individual as well as to their families. A successful genetic study can also provide the patient with diagnostic data so they can receive the proper medication or treatment.

Cancer and heart disease sufferers are becoming more numerous over time in Canada. As per the Canadian Cancer Society, cancer is a factor in about 28.2% of deaths in Canada. Between 2015 and 2030, the number of newly diagnosed cancer cases is projected to rise by approximately 40%. The society has released its annual cancer statistics in order to make long-term projections regarding the disease's burden. By 2030, an estimated 277,000 individuals per year will be diagnosed with cancer. 

Competitive Landscape

A few of the Genetic Genealogy market players are,

  • 23&Me Inc.
  • com
  • Color Genomics
  • DNASolves
  • FamilySearch
  • Findmypast
  • Gencove
  • Geneanet
  • Helix
  • Living DNA
  • MNG Laboratories
  • MTDNA
  • MyHeritage,
  • Myriad Genetics
  • Com
  • Veritas Genetics
  • YFull

Market Segmentation:

The Genetic Genealogy market has been segmented based on test type, application, and end-user. The market is broadly divided into autosomal DNA tests, Y-chromosome DNA tests, and mitochondrial DNA tests based on test type. The application segment includes heredity and genetic disorders, paternal/maternal lineages, ancestral origins, and others. The end-user segment comprises direct-to-customer testing companies, law enforcement agencies, research institutes, academic organizations, and others.

The Autosomal DNA Test Segment Dominates The Genetic Genealogy Market Based On Test Type.

Due to its nucleic origin and equal contribution of genetic material from both parents to their offspring, autosomal DNA testing dominates the market. Every person receives half of their nuclear DNA from their mother and half from their father. Autosomal DNA testing is essential for precisely establishing a family tree since every person has a specific proportion of identical autosomal DNA. This pattern continues through each generation, resulting in approximately 25% of DNA from each grandmother, 12.5% from each great-grandparent, and so forth.

The Direct-To-Customer Segment Registered The Highest Growth.

For several compelling reasons, direct-to-consumer (DTC) genetic testing companies have quickly taken over the genetic genealogy testing market. They give the most unequalled convenience first and foremost. DTC testing allows anyone to order a DNA testing kit online or in person, collect their DNA samples at home, and ship the samples back for analysis. Because there is no longer a need for intermediaries or healthcare professionals, this simplified procedure is open to a variety of customers.

In The Region, The North American Genetic Genealogy Market Holds A Significant Revenue Share.

The largest market share was registered in North America. The fundamental reason for the rapid expansion of the genealogy products and services market is the presence of key market leaders in the area, together with a highly established healthcare infrastructure. Market expansion is being fueled by large firms' high-end investments and robust economic growth. The availability of appealing reimbursement policies for healthcare services and consumer knowledge of the advantages of quality care are driving the market's expansion.

Genetic Genealogy Market Report Scope

Report Attribute

Specifications

Market size value in 2022

USD 835.85 Mn

Revenue forecast in 2031

USD 1,695.94 Mn

Growth rate CAGR

CAGR of 16.8% from 2023 to 2031

Quantitative units

Representation of revenue in US$ Mn and CAGR from 2023 to 2031

Historic Year

2019 to 2022

Forecast Year

2023-2031

Report coverage

The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends

Segments covered

By Application, By Quantum Computing and Simulations, By Quantum Communication, By Quantum PNT, By Quantum Component

Regional scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia

Competitive Landscape

23&Me Inc., Ancestry.com, MyHeritage, and Sequencing. Com, FTDNA, DNASolves, Living DNA, FindmyPast, FamilySearch, Geneanet, and others.

Customization scope

Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.

Pricing and available payment methods

Explore pricing alternatives that are customized to your particular study requirements.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Genetic Genealogy Market Snapshot

Chapter 4. Global Genetic Genealogy Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Investment and Funding Analysis

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: By Test Type Estimates & Trend Analysis

5.1. By Test Type, & Market Share, 2020 & 2031

5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2031 for the following By Test Type:

5.2.1. Autosomal DNA Test

5.2.2. Y- chromosome DNA Test

5.2.3. Mitochondrial DNA Test

Chapter 6. Market Segmentation 2: By Application Estimates & Trend Analysis

6.1. By Application & Market Share, 2020 & 2031

6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2031 for the following By Application:

6.2.1. Heredity & Genetic Disorders

6.2.2. Paternal/Maternal Lineages

6.2.3. Ancestral Origins

6.2.4. Others

Chapter 7. Market Segmentation 3: By End User Estimates & Trend Analysis

7.1. By End User & Market Share, 2020 & 2031

7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2031 for the following By End User:

7.2.1. Direct-to-Consumer Testing Companies

7.2.2. Law Enforcement Agencies

7.2.3. Research Institutes & Academic Organizations

7.2.4. Others

Chapter 8. Genetic Genealogy Market Segmentation 4: Regional Estimates & Trend Analysis

8.1. North America

8.1.1. North America Genetic Genealogy Market revenue (US$ Million) estimates and forecasts By Test Type, 2019-2031

8.1.2. North America Genetic Genealogy Market revenue (US$ Million) estimates and forecasts By Application, 2019-2031

8.1.3. North America Genetic Genealogy Market revenue (US$ Million) estimates and forecasts By End User, 2019-2031

8.1.4. North America Genetic Genealogy Market revenue (US$ Million) estimates and forecasts by country, 2019-2031

8.2. Europe

8.2.1. Europe Genetic Genealogy Market revenue (US$ Million) By Test Type, 2019-2031

8.2.2. Europe Genetic Genealogy Market revenue (US$ Million) By Application, 2019-2031

8.2.3. Europe Genetic Genealogy Market revenue (US$ Million) By End User, 2019-2031

8.2.4. Europe Genetic Genealogy Market revenue (US$ Million) by country, 2019-2031

8.3. Asia Pacific

8.3.1. Asia Pacific Genetic Genealogy Market revenue (US$ Million) By Test Type, 2019-2031

8.3.2. Asia Pacific Genetic Genealogy Market revenue (US$ Million) By Application, 2019-2031

8.3.3. Asia Pacific Genetic Genealogy Market revenue (US$ Million) By End User, 2019-2031

8.3.4. Asia Pacific Genetic Genealogy Market revenue (US$ Million) by country, 2019-2031

8.4. Latin America

8.4.1. Latin America Genetic Genealogy Market revenue (US$ Million) By Test Type, (US$ Million) 2019-2031

8.4.2. Latin America Genetic Genealogy Market revenue (US$ Million) By Application, (US$ Million) 2019-2031

8.4.3. Latin America Genetic Genealogy Market revenue (US$ Million) By End User, (US$ Million) 2019-2031

8.4.4. Latin America Genetic Genealogy Market revenue (US$ Million) by country, 2019-2031

8.5. Middle East & Africa

8.5.1. Middle East & Africa Genetic Genealogy Market revenue (US$ Million) By Test Type, (US$ Million) 2019-2031

8.5.2. Middle East & Africa Genetic Genealogy Market revenue (US$ Million) By Application, (US$ Million) 2019-2031

8.5.3. Middle East & Africa Genetic Genealogy Market revenue (US$ Million) By End User, (US$ Million) 2019-2031

8.5.4. Middle East & Africa Genetic Genealogy Market revenue (US$ Million) by country, 2019-2031

Chapter 9. Competitive Landscape

9.1. Major Mergers and Acquisitions/Strategic Alliances

9.2. Company Profiles

9.2.1. 23&Me Inc.

9.2.2. Ancestry.com

9.2.3. Color Genomics

9.2.4. DNASolves

9.2.5. FamilySearch

9.2.6. Findmypast

9.2.7. Gencove

9.2.8. Geneanet

9.2.9. Helix

9.2.10. Living DNA

9.2.11. MNG Laboratories

9.2.12. MTDNA

9.2.13. MyHeritage,

9.2.14. Myriad Genetics

9.2.15. Sequencing. Com

9.2.16. Veritas Genetics

9.2.17. YFull

9.2.18. Other Prominent Players

Segmentation of Genetic Genealogy Market-

By Test Type-

  • Autosomal DNA Tests
  • Y-Chromosome DNA Tests
  • Mitochondrial DNA Tests

Genetic Genealogy Market Segment

By Application-

  • Heredity & Genetic Disorders
  • Paternal/Maternal Lineages
  • Ancestral Origins

By End-User-

  • Direct-To-Customer Testing Companies
  • Law Enforcement Agencies
  • Research Institutes & Academic Organizations
  • Others

By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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Frequently Asked Questions

How big is the Genetic Genealogy Market Size?

Genetic Genealogy Market is expected to grow at a 8.3% CAGR during the forecast period for 2023-2031.

23&Me Inc., Ancestry.com, MyHeritage, and Sequencing. Com, FTDNA, DNASolves, Living DNA, FindmyPast, FamilySearch, Geneanet, and others.

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